Kerr Central Appraisal District v. Stacy

OPINION

CHAPA, Justice.

This is a taxation case. Kerr Central Appraisal District and Kerr County Appraisal Review Board appeal from a trial court ruling that certain land belonging to appellees George T. Broun Stacy, Gretchen Broun Stacy, Philip Stacy, William G. Stacy, III, and Carletta Stacy Janke, qualifies for “Open-Space Land” appraisal, the result of which allows appellees to receive a substantial reduction of their tax liability.

The primary question before this Court is whether property, which is leased for the sole purpose of grazing horses (which are used only for recreational…